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Antofagasta's shares dip despite soaring revenue

Summary by City AM
London listed Mining company Antofagasta saw its share’s dip in early morning trading despite reporting a rise in revenue, driven by increased commodity prices and booming demand. The Chilean based group recorded a 30 per cent jump in revenue to $8.6bn (£6.3bn), reflecting copper prices reaching record highs in 2025, coupled with the rising prices of by-products including gold and molybdenum, and increased sales volumes. The average copper price…
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Antofagasta plc, the matrix of Antofagasta Minerals and the Ferrocarril Antofagasta Bolivia (FCAB), today reported profits before tax of US$3.159 million, which means an increase of 53% over the year 2024. “Antofagasta plc achieved a record EBITDA during 2025, which was the result of having maintained our operational discipline, with low production costs, and of the higher prices of copper and by-products such as gold and molybdenum, metals that…

Antofagasta, a London-based mining company, has seen a significant improvement in its financial results

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City AM broke the news in London, United Kingdom on Tuesday, February 17, 2026.
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